Category Archives: Retirees

News and Information for members of the retirement system who are enjoying their retirement

Retiree Annual Statement Available Online

Your Retiree Annual Statement provides a year-end summary of your pension payments for the last calendar year, including the total amount you received and a breakdown of credits, deductions and taxes. It also gives you an explanation of the pension payment option you chose at retirement.

We mail printed Retiree Annual Statements by the end of February. However, we make Statements available in Retirement Online sooner than printed copies are mailed—and you can sign in to your account now to access yours.

Reminder for members: Make sure you receive your Member Annual Statement, which is distributed beginning in May.

Get Your Statement Online Now

To view, save or print your Statement:

Sign in to Retirement Online.
Look under My Account Summary.
Click View My Retiree Annual Statement button.
If Retirement System is blank, click Look Up icon and select ERS or PFRS from dialog box.
Click Look Up icon next to Calendar Year field and select an option from dialog box.
Click Generate Statement.

The document will download on to your computer.

If you don’t have an account, check out our Retirement Online Tools and Tips blog post where you’ll find a link to step-by-step instructions to help you register for Retirement Online.

Retiree Annual Statements are Available Online

Understanding Your Retiree Annual Statement

Your annual Statement provides year-end benefit and payment information for the previous calendar year, including:

Your total pension benefit amount before credits, deductions and taxes.
Credits for adjustments or reimbursements, such as a cost-of-living adjustment (COLA) or Medicare reimbursements. (Only applicable credits appear in your Statement.)
Deductions for recoveries, payments to an alternate payee, health insurance, or other dues or fees you’ve authorized to have deducted from your pension benefit. (Only applicable deductions appear in your Statement.)
The amount withheld for federal taxes.
Your total net benefit after credits, deductions and taxes.

If you have questions about the information and terms used in your Statement, check out our Guide to Your Statement for a short explanation of each.

Do Not Use Your Statement for Tax Purposes

While your Retiree Annual Statement includes pension payment and tax information, it is not a tax document. If your pension is taxable, we provide a 1099-R tax form (either through Retirement Online or by mail, depending on your delivery preference) for filing your taxes.

View Your Pension Pay Stub for Year-to-Date Information

Your pay stub gives you valuable insight into your monthly pension payment, including a breakdown of credits, deductions and taxes. Throughout the year, you can access your pay stubs online to see year-to-date totals.

Sign in to Retirement Online.
From Account Homepage, click View Pension Check link.
Select date of the pension payment to view.

Get an Email Notification for Your Statement

Next year, you can get access to your Statement sooner by updating your delivery preference to email. When your Statement is available, we’ll send an email notifying you to sign in to Retirement Online.

Sign in to Retirement Online.
Look under My Profile Information.
Click update next to ‘Retiree Annual Statement by.’
Choose Email from dropdown.

Be sure the email address listed in your Retirement Online profile is current.

Note: If you choose email as your delivery preference, you will not receive a printed copy in the mail.

Retirees: Your 1099-R is Available Online

49 Replies

Tax season is here. While your NYSLRS pension is not subject to New York State or local income tax, most NYSLRS pensions are subject to federal income tax. Each year, we provide a 1099-R tax form with the information you need to file your taxes.

We mail printed 1099-Rs by January 31. However, we make 1099-Rs available in Retirement Online sooner than printed copies are mailed—and you can sign in to your account now to access yours.

Get Your 1099-R Online Now

To view, save or print your tax form:

Sign in to Retirement Online.
Look under My Account Summary.
Click Manage My 1099-R Tax Forms button.
Select 2024 from Year dropdown. (Note: 2024 and 2023 are currently available online.)
Click Generate button.

If you have one tax form, the document will open in a new browser tab. If you have more than one tax form, the documents will download to your computer.

Please check your browser settings and disable pop-up blockers to ensure your tax form is generated. By default, your browser may block pop-ups, which could prevent a new tab from opening or the file from downloading.

If you don’t have a Retirement Online account, check out our Retirement Online Tools and Tips blog post, where you’ll find a link to step-by-step instructions to help you register.

Understanding Your 1099-R

Your tax form includes:

The total benefit paid to you in a calendar year.
The taxable amount of your benefit.
The amount of taxes withheld from your benefit.

If you have questions about the information on your tax form, check our interactive 1099-R tutorial. It walks you through a sample and offers a short explanation of each box on the form.

Get an Email Notification for Your 1099-R

Next year, you can get access to your tax form sooner by updating your delivery preference to email. When your 1099-R is available, we’ll send an email notifying you to sign in to Retirement Online.

Sign in to Retirement Online.
Look under My Profile Information.
Click update next to ‘1099-R Tax Form Delivery by.’
Choose Email from dropdown.

Be sure the email address listed in your Retirement Online profile is current.

Note: If you choose email as your delivery preference, you will not receive a printed copy in the mail.

Working After Retirement: Earnings Limit

14 Replies

As a NYSLRS retiree, you can work and still receive your pension. However, there may be a limit on how much you can earn each year without affecting your NYSLRS pension.

Working After Retirement: Earnings Limit

Working While Receiving a Service Retirement Benefit

Generally, an earnings limit of $35,000 applies to NYSLRS retirees who:

Are under age 65;
Receive a service retirement benefit (see disability benefit rules below); and
Return to work for a public employer (including contract or consultant work, if you joined NYSLRS on or after May 31, 1973).

There is no earnings limit if you are self-employed or if you work for:

The federal government;
A state or local government in another state; or
A private employer.

Also, beginning in the calendar year you turn 65, the earnings limit no longer applies.

Update Regarding the Earnings Limit

The earnings limit for retirees employed by school districts or Boards of Cooperative Educational Services (BOCES) is suspended through June 30, 2025. (April 2024 legislation extended the date from 2024 to 2025.) This earnings limit suspension does not apply to retirees who work for a college, university or charter school.

For most other retirees under the age of 65, the $35,000 limit is in effect and applies to the entire calendar year in 2025.

NYSLRS retirees can return to work part-time for a public employer. However, a retiree must have had a “bona fide” termination of employment. This means the retiree was removed from their employer’s payroll before the effective date of their retirement, and the member and their employer had no expectation of further work after the retirement date. If these conditions are not met, the retiree’s service retirement can be voided and pension payments received will be recovered by NYSLRS.

Note: Special rules apply to elected officials.

Working While Receiving a Disability Retirement Benefit

Almost all earnings for retirees who are working while receiving a disability retirement benefit are limited whether they work for a public or private employer. The limit is specific to each retiree. To find out your earnings limit, please contact us.

How the Earnings Limit Applies

The limit applies to all earnings for the calendar year, including money earned in the calendar year, but paid in a different calendar year (for example earned in December but paid in January).

The limit does not apply to:

Payments received after you retire from your employer, such as for vacation or sick time you earned when you were still working; and/or
A retroactive payment for a new union contract, if the earnings are for employment before you retired.

Reporting Your Earnings

It is your responsibility to notify NYSLRS if you earn more than the limit. If you know you are going to exceed the limit, contact us at least a month before you do.

You can message us using the secure contact form, or you can fax a letter to 518-402-2498. Be sure to include the name of your employer, the approximate date you expect to exceed the limit and a daytime phone number in case we have questions.

If You Exceed the Earnings Limit

If you earn more than the limit, you must:

Pay back NYSLRS for the pension payments you received after the date you reached the limit. If you continue to work, your pension will be suspended for the remainder of the calendar year and resume the following January.

OR
Rejoin NYSLRS, in which case your pension will be suspended until you retire again at some future date. (You’d need to reapply.)

Earnings Limit Waiver

Under Section 211 of the Retirement and Social Security Law, the earnings limit can be waived if your prospective employer gets approval before hiring you. Approval is not automatic; it is based on the employer’s needs and your qualifications. In most cases, the New York State Department of Civil Service would be the approving agency. A Section 211 waiver covers a fixed period, normally up to two years.

For More Information

Before you decide to return to work, please read our publication What If I Work After Retirement? It includes information such as how earnings limits are calculated for retirees receiving a disability retirement benefit, consequences to consider before returning to NYSLRS membership and more. If you have questions, please contact us.

NYSLRS Retirees Contribute to New York State’s Economy

How Retirees Contribute to Economic Stability

A NYSLRS pension is a defined benefit plan, which provides guaranteed monthly pension payments to retirees for life. With a defined benefit plan, your pension will be calculated based on a preset formula. That means—unlike with 401(k)-style defined contribution plans, which are essentially retirement savings accounts—your contributions won’t affect the amount you receive in retirement. NYSLRS retirees don’t have to worry about their pension running out during retirement, and there’s no danger of a drop in monthly income based on the whims of the stock market.

A study by the National Institute on Retirement Security (NIRS) suggests retirees with steady sources of income such as Social Security and monthly pensions are better able to maintain their spending during economic downturns, which may play a stabilizing role in local economies. That stability is particularly important in rural parts of the State. These areas often lack the economic diversity of more densely populated regions, which can make them more susceptible to downturns.

Defined benefit pension plans don’t just help New York State. Across the nation, pension benefits support millions of retirees who in turn contribute to their communities. In 2020, defined benefit pension plans paid $612.6 billion to 24.6 million retired Americans. According to the same NIRS study, their spending supported 6.8 million jobs and generated $1.3 trillion in economic activity.

Where Do NYSLRS Retirees Live?

2 Replies

NYSLRS provides pension benefits to more than 520,000 retirees and beneficiaries. You can find our retirees in every state in the US and in countries all around the world. However, most live right here in New York State.

Nearly 79% of NYSLRS Retirees Stay in New York

The vast majority of NYSLRS retirees—nearly 79 percent—stay in New York State, and their pension dollars flow right back into our communities. Retirees in New York pay local property and sales taxes. Their spending supports local businesses, generates thousands of jobs and stimulates the economy.

Where in New York do these retirees call home?

Long Island is home to more than 66,000 retirees and beneficiaries. Suffolk County has the most and Nassau County has the third most benefit recipients of the counties outside of New York City. (The City, which has its own separate retirement systems for municipal employees, police and firefighters, has more than 24,000 retirees and beneficiaries.)

Erie County, which includes Buffalo, has the second most retirees—nearly 34,000. Albany County, home to the State capitol, is ranked fourth, with more than 20,000. Monroe, Westchester, Onondaga, Saratoga, Dutchess and Oneida Counties round out the top ten.

All told, retirees and beneficiaries in the top ten counties received $7 billion in retirement benefits in the fiscal year ending March 31, 2024.

Hamilton County has the fewest retirees. But, in this sparsely populated county in the heart of the Adirondacks, those 545 retirees represent about 10 percent of the county’s population and received $12.9 million in retirement benefits in the fiscal year ending March 31, 2024.

NYSLRS Retirees in the United States

NYSLRS retirees are found in every state. Florida, not surprisingly, is the second choice for retirees after New York. Roughly 41,000 call the Sunshine State home. North Carolina is third, followed by New Jersey and South Carolina. North Dakota has the fewest retirees and beneficiaries—only 23.

NYSLRS Retirees Around the World

There are 649 NYSLRS retirees and beneficiaries living around the world but the most common countries are:

Canada: 176
Israel: 48
England: 32
Philippines: 32
US Virgin Islands: 29

Learn More

Check out our 2024 Annual Comprehensive Financial Report for more information about NYSLRS, the Common Retirement Fund and our nearly 1.2 million members, retirees and beneficiaries.

Note: All data is as of the State fiscal year end, March 31, 2024.

Retirees: Update Your Contact Information

6 Replies

Wherever retirement takes you, it’s important to keep NYSLRS informed of any changes to your contact information. That way, you’ll be sure to receive the tax information, news, correspondence and statements we send you. For example, we’ll be distributing 1099-R tax forms in January and Retiree Annual Statements in February.

If you choose to receive these documents by mail, it’s vital you review the address we have on file for you. If your information is incorrect or outdated, you must update your address by December 31. You can get access to your 1099-R and Statement sooner than printed copies are mailed by choosing email as your delivery preference—learn how to get email notifications for important documents below.

Please be aware, changing your address with the United States Postal Service (USPS) does not mean your records will automatically be updated with NYSLRS. Also, USPS will only forward mail to your new address for a limited time—generally, 12 months. To ensure you continue receiving mail from NYSLRS, you must submit a change of address directly to us. This is especially important if you receive your pension payment as a paper check.

Also, if you don’t already have an email address on file, please provide it so we can contact you quickly with important information, such as a change to your benefits.

Use Retirement Online To…

Retirement Online is the fastest and most convenient way to manage your NYSLRS account.

Update Your Contact Information

Schedule a Change of Address

If you spend time at a seasonal home, you can schedule a change of address to ensure you continue receiving mail from NYSLRS without interruption.

Sign in to Retirement Online.
Look under My Profile Information.
Click update next to mailing address.
Select or enter the effective date in Change As Of field.

Get Email Notifications for Important Documents

You can get access to your important documents sooner than printed copies are mailed by choosing to receive correspondence, your 1099-R tax form and your Retiree Annual Statement electronically. When you have something to view, we’ll send an email notifying you to sign in to Retirement Online.

To update your delivery preference to email:

Sign in to Retirement Online.
Look under My Profile Information.
Click update next to ‘Contact by,’ ‘1099-R Tax Form Delivery by,’ or ‘Retiree Annual Statement by.’
Choose Email from dropdown.

Be sure the email address listed in your Retirement Online profile is current.

Note: If you choose email as your delivery preference, you will not receive a printed copy in the mail.

Sign Up for Retirement Online

If you don’t have an account, learn more about Retirement Online and click Register Now to sign up. For help, check out our Retirement Online Tools and Tips blog post.

Sign In to an Existing Account

If you have an account but you haven’t signed in recently, you may have forgotten your user ID or password. Don’t worry—from the customer login page, you can:

Click the Forgot ID link to look up your user ID.
Click the Forgot Password link to reset your password.

Read our Forgot User ID and Forgot Password guides for step-by-step instructions.

Can You Change Your Beneficiary After You Retire?

15 Replies

That depends. If you choose a pension payment option that provides a lifetime benefit for a beneficiary, you cannot change your beneficiary even if they die before you do. However, if you choose a pension payment option that provides a benefit for a certain period after retirement, you can change your beneficiary after you retire. Learn more about the different pension payment options and whether they allow you to change your beneficiary below.

If your retirement plan provides a one-time lump sum death benefit after you retire, you can also change your beneficiary (or beneficiaries) for that benefit.

Can You Change Your Beneficiary After You Retire?

Available Pension Payment Options

At retirement, you will choose a pension payment option:

Single Life Allowance option: Provides the maximum monthly benefit payment to you for the rest of your life. This option does not provide a continuing benefit so you will not select a beneficiary, and all payments stop when you die.
Joint Allowance options: Provide a lifetime benefit to a loved one in exchange for a reduction to your monthly benefit payment. After your death, your beneficiary will continue to receive your pension (or part of it, depending on the option you choose) for the rest of their life. If your beneficiary dies before you, your monthly benefit payment remains the same and all payments stop when you die. However, if you choose one of the Popup-Up/Joint Allowance options and your beneficiary predeceases you, your monthly benefit payments will increase to the amount payable under the Single Life Allowance option. For these options, you can only choose one beneficiary, and you cannot change your beneficiary after you retire.
Five Year Certain or Ten Year Certain options: Provide a benefit for a certain period after retirement in exchange for a reduction to your monthly benefit payment. If you die within the five- or ten-year period after your retirement (depending on the option you choose), your beneficiary will continue to receive your monthly pension payment for the remainder of the five- or ten-year period. For these options, you can choose more than one beneficiary, and you can change your beneficiary after you retire.

Post-Retirement Death Benefit

Your pension is not your only NYSLRS retirement benefit. Most NYSLRS retirees are eligible to leave a death benefit if they retired directly from payroll or within one year of leaving employment. The post-retirement death benefit is a one-time lump sum payment. For information on how it’s calculated, visit our Death Benefits for Retirees page.

You can change your beneficiary for this benefit at any time, and your beneficiaries for this benefit do not have to be the same as your pension payment option beneficiary.

Manage Your Beneficiaries in Retirement Online

The fastest way to view or update your beneficiaries for your post-retirement death benefit is in Retirement Online.

Sign in to Retirement Online.
Look under My Account Summary.
Click View and Update My Beneficiaries button.

You should also review the contact information for your beneficiaries so we can find them when needed.

Federal Tax Withholding and Your Pension

14 Replies

Most NYSLRS pensions are subject to federal income tax. If your last federal tax bill or return was larger than you expected and you want to change the amount withheld from your NYSLRS pension, Retirement Online makes it fast and convenient to update your federal tax withholding. If you haven’t signed up yet, learn more about Retirement Online and click “Register Now” to open your account.

federal tax withholding and your pension

Understanding Your Federal Tax Withholding

NYSLRS calculates the amount withheld from your monthly benefit payment based on the information you provide us on a W-4P form (Withholding Certificate for Pension or Annuity Payments).

The Internal Revenue Service (IRS) released a revised version of their W-4P form, which no longer allows tax filers to adjust their withholding by electing a specific number of allowances. To comply with the IRS’ requirements, NYSLRS updated our tax withholding form. You do not need to submit a new W-4P to NYSLRS unless you want to change the amount of your tax withholding.

Updating Your Withholding

Retirement Online provides an online form that collects the same information as the paper W-4P form, and your updates will be made more quickly if you submit them online.

Sign in to Retirement Online.
From your Account Homepage, click the green “Update My W-4P Tax Information” button.
Follow the steps to update your withholding.

Basic Withholding

Step 1. Select your filing status. If you want your federal withholding to be based only on the benefit amount you receive from NYSLRS, with no adjustments, you can skip steps 2 – 4.

Adjustments to Withholding (Dependents, Tax Credits)

Complete Steps 2 – 4 ONLY if they apply to you.

Step 2. If you have income from a job or more than one pension/annuity, in addition to your NYSLRS pension, or if you’re married filing jointly and your spouse receives income from a job or pension/annuity, you can enter that in Step 2.

Click the ‘View Instructions’ link or see page 2 of the current IRS Form W-4P for examples that may help you with this step.

Step 3. If you need to claim dependents, you can enter that information in Step 3.

Step 4. If you have other adjustments to make — other income, deductions or extra withholding — you can complete Step 4.

Click the ‘View Instructions’ link or see page 3 of the current IRS Form W-4P for instructions and a worksheet that may help you with this step.

If you update your federal withholding online by the middle of the month, your changes will generally be applied that month. We’ll notify you by mail or email (depending on your contact preference) when the update has been completed.

If You Need Help

Our Taxes and Your Pension page has additional information about federal withholding, including what to do if you receive more than one benefit payment from NYSLRS, 1099-R tax form information and more.

If you need assistance completing the form, visit the IRS’ website and read the current revision of the IRS Form W-4P (detailed instructions start on page 2). You can also find phone numbers and online resources on the IRS’ Let Us Help You page.

If you’re not sure whether you need to adjust your federal withholding or if you have other tax questions, you may want to check with a tax preparer.

Retirement Online for Retirees Keeps Getting Better

53 Replies

More than 480,000 members and retirees have discovered that Retirement Online is the fastest way to do business with NYSLRS. It’s secure and convenient, and helps you avoid calling or mailing forms. It also gives you instant access to information about your benefits. And, your important documents will be available online, sooner than printed copies are mailed.

Retirement Online for Retirees Keeps Getting Better

Retirees Can Do Even More in Retirement Online

The Fastest Way to Get Your 1099-R Tax Document

With Retirement Online, you can get the tax information you need faster. If you receive a taxable benefit from NYSLRS, your 1099-R is now available online. Sign in to view, save or print your tax form for 2023.

View Your Retiree Annual Statement Online

Your Retiree Annual Statement provides important information about your benefit amount, deductions and tax withholding. Beginning with your 2023 Statement, you can now access it in Retirement Online.

Make the Switch to Email and ‘Go Green’

Be the first to know when documents are available online — email delivery gives you access to your important documents sooner. It also helps the environment by reducing paper consumption. ‘Go green’ by choosing the paperless option.

It’s easy to make the switch. To receive an email when your 1099-R tax form and Retiree Annual Statement are available in Retirement Online next year:

Sign in to Retirement Online.
From your Account Homepage, click the “update” link next to ‘1099-R Tax Form Delivery by’ or ‘Retiree Annual Statement by.’
Choose “Email” from the dropdown.

Be sure to check that the email address listed in your Retirement Online profile is current.

If you choose the email delivery preference, you will not receive a printed copy in the mail.

Don’t Forget These Timesaving Features

Change Your Federal Tax Withholding

No forms needed — Retirement Online is the fastest way to update your withholding. If you submit your changes by the middle of the month, they will generally be applied to that month’s payment.

Generate a Pension Verification Letter

There are organizations that may ask you for a letter verifying your pension income — maybe for housing or as part of an application for the Home Energy Assistance Program (HEAP). You can use Retirement Online to save or print your own letter any time you need one.

Manage Your Direct Deposit

Use Retirement Online to securely update your direct deposit bank account information. Whether you’ve switched banks or need to move your deposits to a different account, you can make those changes quickly with Retirement Online. Changes are generally applied within one to two payments, and more quickly than if you send in a paper form.

View Your Pension Pay Stubs

You can access pay stubs for your benefit payments by clicking the date of the payment you want to view. You can track year-to-date totals and any deductions for health insurance, union dues, tax withholding or disbursements under a domestic relations order, giving you greater insight into your benefits. NYSLRS will also send you a notice whenever the amount of your monthly payment changes.

Update Your Contact Information

Let us know if you move or your phone number or email address change. Update your contact information quickly in Retirement Online to make sure you continue to receive important news and information about your benefits.

You can even schedule an address change, so you’ll get NYSLRS mail at your seasonal home without interruption.

Manage Your Beneficiaries

Eligible retirees can change their beneficiary for their post-retirement death benefit or update contact information for an existing beneficiary.

If You Haven’t Opened Your Account, Sign Up Today

If you don’t have a Retirement Online account, now is a great time to sign up. Click “Sign Up” on our Retirement Online Sign In page to get started. We have step-by-step instructions on registering for your account and how to sign in for the first time. If it’s been a while, you may need to look up your user ID or reset your password.

You may also find our Retirement Online Tools and Tips blog post helpful.

10 Things All NYSLRS Retirees Should Know

5 Replies

Retirees, brush up on your Retirement System knowledge!

10 Things All NYSLRS Retirees Should Know

Get Your 1099-R Tax Form in Retirement Online
Starting in 2024, your 1099-R tax form will be available in Retirement Online! Get yours faster and help us ‘go green’ — update your delivery preference now to receive an email when it’s ready, instead of waiting for it in the mail. (If you choose to receive your 1099-R by email, you will not receive a printed copy in the mail. Regardless of your delivery preference, you will be able to view and print your 1099-R by signing in to Retirement Online at the end of January.)
Change Your Federal Tax Withholding in Retirement Online
Retirement Online is the fastest way to update your withholding. Changes submitted by the middle of the month will generally appear in that month’s payment. Most NYSLRS pensions are subject to federal income tax (some disability benefits are not taxable).
Not Taxed by New York State
Your NYSLRS pension is not subject to New York State or local income taxes. Visit our Taxes and Your Pension page for more information. If you move to another state, your pension may be subject to that state’s income tax. If you’re thinking of moving to another state, check with that state’s tax department.
Get Your Retiree Annual Statement in Retirement Online
Starting in 2024, you can use Retirement Online to view and print your annual statement. Help us go green and update your delivery preference to receive an email when it’s available, instead of waiting to receive it in the mail.
Manage Your Direct Deposit in Retirement Online
Use Retirement Online to securely update your direct deposit bank account information. Whether you’ve switched banks or need to move your deposits to a different account, you can make those changes quickly with Retirement Online. Changes are generally applied within one to two payments. You can find out when your next pension payment is coming by checking our online pension payment calendar.
Prove Your Pension Income Using Retirement Online
You may need proof of your retirement income for housing or as part of an application for the Home Energy Assistance Program (HEAP). With Retirement Online, you can print or save an income verification letter any time you need one.
Receiving Your Annual Cost of Living Increases
Once you become eligible for a cost-of-living adjustment (COLA), you will receive a permanent increase to your pension amount every September. When your net benefit amount changes, NYSLRS will inform you.
View Your Pension Payment “Pay Stub” in Retirement Online
Sign in to Retirement Online to access full pay stubs for your pension payments. Select the date of the payment you want to review to see a breakdown of your pension payment, including your most recent COLA amount as well as any deductions made for health insurance, union dues, tax withholding or disbursements under a domestic relations order.
You May Leave a Death Benefit
Your survivors may be entitled to a death benefit after you die. Retirement Online makes it easy for eligible retirees to view their beneficiary selections, choose different beneficiaries or change contact information for an existing beneficiary. Anyone can report the death of a retiree by using our online death report form.
Best-Funded, Best-Managed
The New York State Common Retirement Fund holds and invests the assets of NYSLRS on behalf of members, retirees and their beneficiaries and continues to be one of the best-funded and best-managed public pension funds in the nation. Comptroller Thomas P. DiNapoli is the administrative head of NYSLRS and trustee of the Common Retirement Fund.

Not retired yet? Read our blog post 10 Things All NYSLRS Members Should Know.